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Available Affordable Housing Opportunities At Pointe At Merritt Street, we offer a range of housing options for individuals and families with moderate incomes. Our apartment properties are part of the Section 42, LIHTC (Low Income Tax Credit) program, which allows us to provide below-market rents based on the Area Medium Income (AMI) and tenant based utility allowances. Affordable Rent Structure To qualify for our affordable housing program, your total household 'gross' income must be below the pre-set income limit for the area. Please note that this is not a subsidized housing program, as each resident is responsible for paying their full rent amount each month. The rental amounts are determined by the income limits set for the geographic area, not based on your individual household income. Waiting Lists and Openings It's important to be aware that most low income apartments have waiting lists, and some of these lists can have a long wait time before you can be considered for an available apartment. To increase your chances, we recommend applying to multiple waiting lists. We provide you with the contact information for each apartment, so you can call them directly to inquire about any current openings or open waiting lists. Determining Rent Rates While we provide current apartment rates on many listing pages, it's important to note that most HUD listings do not have published rates. Instead, the rent is based on 30% of the renter's adjustable gross income. To determine whether you qualify for income-based rent, please contact the apartments directly for more information. Find Your Affordable Housing Option At Pointe At Merritt Street, we strive to provide affordable housing opportunities for those who need it most. Please explore our available apartments and reach out to us or the apartments directly for more information or to check for any openings or waiting lists.
1130 Merritt Street, Altamonte Springs, FL 32701
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